Obama's policy for Crisis of Historic Proportions- II

As a newly elected President, the biggest challenge before Obama is to stabalise US economy as soon as possible. At this juncture, his economic policies have become a matter of concern for the whole world .

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Lower prices to curb economic meltdown in India

The Central excise duty is reduced from 10 to 8 percent, while the service tax has been cut from 12 to 10 percent. This means we can soon expect a cut in our monthly mobile bills.

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Obama's policy for Crisis of Historic Proportions- I

As a newly elected President, the biggest challenge before Obama is to stabalise US economy as soon as possible. At this juncture, his economic policies have become a matter of concern for the whole world.

More on: Obama's policy for Crisis of Historic Proportions- I

Honda to raise its car prices

The company has found a remarkable decline in the sales of all its models except City. Its total sales in January 2009 fell by one-fourth as compared with the same month in 2008. The company is now cutting cost at its Greater Noida facility..

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How small business owners can survive in recession

These days’ newspapers, TV news channels, online news portals are filled with the keyword articles related to economic slowdown, recession, pink slips, job losses, etc. And this time small business owners are badly hit..

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Gold, the wonder metal

Gold is nudging the 16K mark and imitation jewelry is the answer because it looks and sparkles even better than the original and proves the maxim that all that shines is not gold. Deception is the name of the game .

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Recession comes as a jolt for employees

Sweet heart, you will have nothing this year. Many Indian companies are giving excuses for no hikes this year with the hard, brutal word -- recession. Is it a fact or just a gimmick to save on a few crores?.

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How to fix the US economy

The problems that affect the US economy can be resolved without complications. Initiators of the problem have been the governing Republicans and Democrats. Inspired by the words of Washington, USA must withdraw from all international organisations.

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US economy will be affected by bailout law provision

Provisions in a new US bailout law place limits on companies that receive bailout funds from recruiting foreign born workers, meaning less jobs and pink cards for US-based Indians. These provisions may only make things worse for the US economy..

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Obama's economic policy

In the US, it is usual for a President to issue a series of last-minute rules before stepping down. If the successor is from a different party, there are more rules. The successor, on day one, voids those rules which have not yet come into force.

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26/11 of Indian Economy, kudos to Raju

Think of what would have happened if he had not squealed. Generations would have passed away singing praises for Raju and Satyam. At least, some Raju temples would have sprung up in Andhra Pradesh, if they do not exist already..

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10 Indian industry to do well during recession

In the current global economic slowdown, every sector of business is being affected and is witnessing a hard time. But IKON Marketing Consultants reports that in India there are few sectors which will grow in this adverse situation..

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Unhappy with budget exporters demand relief package

FIEO said that if some help is not offered by the government by the end of this month, then more jobs could be lost. It has already warned that due to drying of orders from US and Europe, there could be a loss of 10 lakh jobs..

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SEBI relaxes rules to assist problematic firms

After the collapse of Satyam, thousands of people have lost their jobs and millions of people worldwide have lost their money due to reduced share prices. In an attempt to get Satyam and others back on their feet, SEBI relaxes its rules a little..

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Japanese economy receives heavy jolt

The data showed the fastest contraction rate since the global oil crisis of the mid-1970s in Japan. According to the government report, the world's second-largest economy dropped at an annual pace of 12.7 per cent during October’08-December’08..

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Satyam: Can SEBI’s amended regulations help?

Can the amended takeover regulations announced by SEBI on February 13 help the stakeholders of Satyam in the absence of the restated financials of the company? In the absence of the restated financials, the sale may qualify as a sale for scrap!.

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Interim budget: Along expected lines

The UPA government should be complimented for one thing – it strictly observed constitutional propriety by not playing to the gallery; perhaps more out of compulsion than out of choice – the coffers are empty you see!.

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Recession Vs Depression: Do you know the difference?

We all are familiar with ongoing financial crisis but is it a a financial Recession or Depression. The last two depressions in the US were both in the 1930s. From August of 1929 to March 1933, real GDP declined by approximately 33 per cent.

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RBI favours restructuring home loans

Significant cuts in home loan interest rates have failed to stimulate consumer demand, say public sector banks. According to the Finance ministry data, the sector witnessed a credit growth of only 2.49 per cent between November 2008 and January 2009..

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Valueless business gasping for breath

The downfall in the economy and the Satyam scandal have led to a breach of trust in business. Recent polls show that three out of four Americans trust business lesser now than they did earlier. This raises some pertinent questions..

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Internet Marketing: The new way to make money online

Internet Marketing is the new crowd-pleasing word of our era. Dealing with Electronic Customer Relationship Management (ECRM), Internet marketing gives a wider scope of activities to cover for business houses..

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Govt paves way for capital profit in loan sectors

External affairs minister Pranab Mukherjee, holding the finance portfolio due to the ill-health of the Prime Minister Dr Singh, will conduct a meeting soon with the top executives of banks to discuss the matter of chopping the rates of interest..

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IT employees not interested in tax benefits: Survey

Right Horizons has found that very few of the IT employees in Chennai, Bangalore and Hyderabad has better investment plans and a majority of individuals in this industry does no even have a medical insurance..

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CCB shareholders support bank management

The General Secretary of the Share Holder Association has said that the net NPAs of bank, which had soared up to 25 per cent as on 31 March 2007, had been reduced to 15 per cent. The deposits of the Bank crossed the 200 crore mark for the first time.

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Come to terms with black money

Thanks to the quick response time of the electronic media, we get glimpses of people who are trapped by anti corruption bureau. The guilty keep faces covered with handkerchiefs and the officials, dressed in their best beam happily at the camera..

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Forthcoming budget & problem of black money

It’s estimated that by the end of June 2008 India had about $50 billion (Rs 2 trillion) of black money. Now, it must have gone up. This is immensely helping the dipping liquidity to come up restricting the expanding recession in the country..

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The IT Amendment Bill 2008: The road ahead

The government recently came up with the IT Amendment Bill, 2008, which was passed by both Rajya Sabha and Lok Sabha without even a discussion or debate. It is only after the protest by Praveen Dalal that the government decided to review it.

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Budgets: Some basic connotations

Budgets are an essential element in the planning and management of the financial affairs of a nation, business and even household. These are made necessary because income and expenditure do not occur simultaneously.

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Impact of global recession on India

America is the most effected country due to global recession, which comes as a bad news for India. India have most outsourcing deals from the US. Even our exports to US have increased over the years. Exports for January declined by 22 per cent..

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Tata Indicom: A lousy ISP

This article is for the information of all newcomers to Chennai and others who are thinking of going in for a better internet connection: Please don’t go in for the broadband services offered by Tata Indicom. I am speaking from experience.

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Inflation at 1-year low to boost sluggish economy

The declining trend in inflation rate in India to 5.24 per cent for the week ended January 3, which has infused a ray of hope of a boost in the sluggish economy. The cut in fuel prices announced by the government is expected to trigger a sharper drop.

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Internet marketing

Due to the rapid strides of globalisation and fast changing competitive world, internet marketing for any organisation is not a luxury, it's a necessity. If you want to market your products in a broader way, then internet marketing is the solution
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Investing in antique coins

Have you ever invested in coins and waited for 6 to 8 years. You know the mind-boggling potential of returns on investments in numismatics. To believe yourself you need to search the websites on coin archives.
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Recession is more sentimental than realistic in India

The economic slowdown is more sentimental than realistic; this is what the world's largest retailer Wal Mart HR head (India) believes. He also asked to take recession as an opportunity to flourish and to strengthen existing business.

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